+3.6 on previous index reading
The Bank of Ireland Economic Pulse came in at 80.6 in November 2019. The index, which combines the results of the Consumer and Business Pulses, was up 3.6 on last month but 9.3 lower than a year ago.
The uneventful passing of the Halloween Brexit deadline and the further extension of Article 50 – Prime Minister Johnson managed to strike a new deal with the EU but failed to get it through the UK Parliament – contributed to a bounce in consumer sentiment this month, and while business sentiment also improved, continuing uncertainty is tempering firms’ investment decisions.
